<ul data-eligibleForWebStory="false"><li>Indian drone developer Raphe mPhibr, known for its light carbon-fiber composite drones, raised $100 million in Series B funding.</li><li>The funding will be used for research, development, and local production capabilities as drone usage increases for military and surveillance purposes.</li><li>Raphe mPhibr produces its own components like batteries, flight controllers, and materials domestically, with plans to manufacture radars and cameras in-house.</li><li>The company currently has over 600 employees and has sold more than 1,870 drones, primarily to Indian government agencies like the Army, Navy, and Air Force.</li></ul>

Indian drone developer Raphe mPhibr raises $100M

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